Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On July 9, 2026, Mercer International Inc. (the “Company””) received a written notification (the “Notice”) from the staff of the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) that, based upon the closing bid price of the Company’s common stock for the…
MPR operates within northern Alberta’s integrated forest products sector, where fiber from the region’s mixed boreal forests supports a range of products and uses. Sawlogs suitable for lumber are processed by regional sawmills, while pulpwood and residual fiber from sawmilling - including chips and bark - support pulp and energy production. Together, these fiber flows connect forest management, regional sawmilling, pulp production and renewable energy generation, supporting broader utilization of the region’s fiber supply.
Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 3.01Item 3.01 - Notice of Delisting
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On July 9, 2026, Mercer International Inc. (the “Company””) received a written notification (the “Notice”) from the staff of the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) that, based upon the closing bid price of the Company’s common stock for the last 30 consecutive business days, the Company is no longer in compliance with the minimum bid price requirement of $1.00 per share, as set forth in Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Rule”).
The Notice is a notice of non-compliance, not of imminent delisting, and does not have a current effect on the listing or trading of the Company’s securities on Nasdaq. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been given an initial 180 calendar day period to regain compliance with the Minimum Bid Price Rule (the “Compliance Period”). If at any time during the Compliance Period the closing bid price of the Company’s common stock is at least $1.00 for a minimum of ten consecutive business days, Nasdaq will provide the Company with written confirmation of compliance with the Minimum Bid Price Rule.
The Company is actively monitoring the closing bid price for its common stock and is working to regain compliance with Nasdaq’s listing rules. However, there can be no assurance that the Company will be able to regain compliance within the prescribed time period.